News & Articles
A New Jersey-based telemarketer has agreed to pay New York State $50,000 for soliciting funds from charities after being banned from doing business in the state.
Active management of endowments is positively related to greater returns in U.S. equities over time. “An active manager is trying to beat the index by making decisions to try and deviate from the index,” said David Belmont, CFA, chief risk officer at Commonfund Institute, Wilton, Conn.
Americans who read the Bible give more than Americans who don’t — roughly $500 more per year, on average. Bible readers donated a median $600 to nonprofits during 2013, compared to a median of $100 for non-Bible-readers. The more someone is engaged with the Bible, the more they give, with those reporting the highest level of engagement donating a median $1,500, versus $30 for non-readers.
What’s keeping the fundraisers of the Association of Fundraising Professional – Greater Philadelphia Chapter (AFP-GPC) – up at night? According to a new survey, it’s everything from board members not raising money to finding new donors.
The Conference of Southwest Foundations, the oldest association of grantmakers in the United States, announced it is rebranding as Philanthropy Southwest.
Overall giving in Canada grew 2.7 percent during the three-month period ending Feb. 28, 2014, compared to the same period one year earlier and online giving grew 7.2 percent.
A public sector training program for nonprofit and public sector workers in Detroit will be subsidized by the Community Foundation for Southeastern Michigan. The program will teach employees economic development, land use, city systems, planning and neighborhood development.
The economic recovery is not offering signs of relief for the nonprofit sector, and many organizations are examining new models of funding, according the results of the Nonprofit Finance Fund’s 2014 State of the Nonprofit Sector Survey. Leaders from more than 5,000 nonprofits nationwide participated in this sixth annual survey.
Nonprofits that used volunteer services last year got a little more bang for their buck. The value of a volunteer hour stood at $22.55 during 2013, according to a report from Independent Sector in Washington, D.C. That’s 41 cents, or 1.9 percent more than 2012.
World Vision’s reversal regarding recognizing same-sex marriage of employees claimed its first casualty. Board member Jacquelline Fuller, who is director of corporate giving at Google, has resigned from the evangelical Christian relief agency’s board, disagreeing with the decision to exclude gay employees who marry.
Current Print Edition
October 15, 2014Table Of Contents
Vol 28 No. 12
In The News